Piramal Finance Q1 FY27 Presentation Summary: AUM Crosses ₹1.06 Lakh Crore, PAT Surges 67%

BY ADMIN • FILED 03 Aug 2026, 7:51 PM

Piramal Finance Limited presented a strong Q1 FY27 performance, highlighting robust loan growth, improving profitability, disciplined asset quality, and continued progress toward its long-term strategy of doubling assets under management (AUM) while building an AI-driven financial services platform.

Key Highlights

Assets Under Management (AUM): ₹1,06,940 crore, up 25% YoY
Retail AUM: ₹91,249 crore, up 32% YoY
Profit After Tax (PAT): ₹461 crore, a 67% YoY increase
Growth Business RoAUM: 1.9%, improving from 1.5% in Q1 FY26
Net Interest Margin (NIM): 6.5%, up 47 basis points year-on-year
Gross NPA: Reduced to 2.4% from 2.8% a year ago
Average Liquidity Coverage Ratio (LCR): 553%
Cash & Cash Equivalents: ₹6,925 crore

The company continues to demonstrate healthy earnings growth while maintaining strong liquidity and improving asset quality.

Retail Lending Driving Growth

Retail lending remains the primary growth engine for Piramal Finance.

Retail now accounts for 85% of total AUM.
Retail loan book expanded 32% YoY to ₹91,249 crore.
The company highlighted that it has grown its retail AUM from ₹20,000 crore to over ₹90,000 crore in approximately four years, making it one of the fastest-growing retail NBFCs in the country.

Major retail segments include:

Housing Loans
Loan Against Property (LAP)
Used Car Finance
Salaried Personal Loans
Unsecured Business Loans
Rural Micro Loans
Digital Loans

Profitability Continues to Improve

Management highlighted continued improvement across profitability metrics.

PAT increased 67% YoY to ₹461 crore.
Growth business RoAUM improved to 1.9%.
Company Cost-to-Income ratio improved significantly to 52.5%, compared with 65.6% in Q1 FY26.
Retail operating expenses continue to decline as a percentage of AUM, reflecting increasing operating leverage.

Strong Asset Quality

Despite rapid expansion, Piramal Finance maintained disciplined risk management.

Key credit metrics include:

Gross NPA: 2.4%
Growth business credit cost remained stable at 1.6%
Retail delinquency levels continue to remain under control.

Management emphasized that profitable growth remains the focus rather than aggressive balance-sheet expansion.

Healthy Balance Sheet

The company continues to maintain a strong financial position.

Borrowings: ₹82,345 crore
Net Worth: ₹28,906 crore
Debt-to-Equity Ratio: 2.8x
Strong liquidity with more than ₹6,900 crore in cash and equivalents.

These metrics provide ample capacity to support future lending growth.

Long-Term Growth Strategy

Piramal Finance reiterated its long-term strategic roadmap built around four pillars:

Double AUM within approximately three years
Achieve RoAUM above 3%
Deliver predictable earnings through disciplined risk management
Build a future-ready, AI-native financial services company

The company also showcased “Pia” (Piramal Investor Assistant), its AI-powered investor relations platform designed to enhance engagement with investors.